News

Richard Close The falling through of a deal between Royal Bank of Scotland and Santander to buy hundreds of bank branches is likely to force a fire-sale of the properties, experts have said.

Official figures have revealed that Orcadians have enjoyed a greater increase in their disposable income than anywhere else in Scotland.

Andrew Tyrie The Association of Taxation Technicians (ATT) is urging the UK Government to listen to advice contained in a letter from the Chairman of the Treasury Committee concerning the radical changes to business record keeping and reporting that will be required by HMRC’s Making Tax Digital (M

Callum Sinclair, Burness Paull partner and head of technology sector, and Elevator chief executive Gary McEwan (right). Start-up accelerator Elevator, which aims to fast-track entrepreneurs and their businesses across Grampian and Tayside, has announced two new strategic partnerships.

Rosalie Chadwick Scotland is lagging behind the rest of the UK in the number of companies represented on the Alternative Investment Market (AIM), an Edinburgh conference has heard.

Martin Gilbert Martin Gilbert, chief executive and founder of Aberdeen Asset Management, has said that he expects fund groups to be the least affected among the financial services industry by the long-term implications of Brexit.

The saga that is Royal Bank of Scotland’s attempts to sell of a tranche of branches in order to meet the EU state aid conditions of its £45 billion 2008 government bailout has taken another twist after Santander again pulled out of the running to buy its Williams & Glyn spin-off.

The Baillie Gifford Shin Nippon investment trust has announced it is reducing fees to 0.55 per cent on assets over £250m.

Scottish smaller business confidence reached its lowest ebb since 2011 following June’s referendum, new figures from the Federation of Small Businesses (FSB) show.

Johnston Carmichael partners Gordon MacLure and Ewen Alexander have been appointed as joint administrators to Arbroath-based Axon Well Interventions Products UK Ltd.

Glasgow-based professional football team Celtic FC has announced it has turned around a loss of nearly £4 million posted last year to a £500,000 profit for the financial year ending on 30 June.

The introduction of the Apprenticeship Levy in Scotland should be postponed until April 2018 amid growing evidence that not enough businesses are prepared for the tax, the Scottish Chambers of Commerce(SCC) said today.

Scotland’s top prosecutors will press the case for stringent business compliance at an anti-bribery seminar in Aberdeen this week.

More than four million people in the UK had to cancel credit or debit cards after falling victim to fraud in the last year, according to a new study.

Gail Gibson The introduction of the OECD’s Base Erosion and Profit Sharing (BEPS) Action Plan has had limited negative impact on Scottish businesses, according to new research from Grant Thornton.